Professor Philip Vaccaro
ODS 333 – OPERATIONS & LOGISTICS MANAGEMENT
FALL SEMESTER , 5th EXAMINATION , Chapters 12 and 13
NAME_Due T/W, December 8th / 9th on scantron sheet
MULTIPLE CHOICE : ( select the most correct response )
variations in customer demand.
selected aggregate plan.
( EOQ ) is true?
cost for inventory exceeds the annual ordering cost.
100 units per day, the demand (consumption) rate is 4 units per day, and the
economic production lot size is 500 units. Which of the following statements
less than 100 units per day.
than, or equal to 400 units per day.
the item in inventory for one year and $16.00 to place an order. If the EOQ
model is used, what is the time between orders?
unit per year. The cost of setting up the production line is $25.00 . There are
200 working days per year. The production manager decided to produce 200
units each time she started production. If it takes her 4 days to produce the
200 units, what was her production rate?
frozen pizzas and bakes them on the premises. She anticipates a weekly
demand of ten (10) pizzas. The cafeteria is open 45 weeks a year, 5 days a
week. The ordering cost is $15.00 and the holding cost is $0.40 per pizza per
year. What is the optimal number of pizzas Judith should order?
leadtime, and Judith wants to maintain 1 pizza for safety stock. What is the
least cost reorder point ?
each time an order is placed. The leadtime is six (6) days. There are 250 work-
ing days per year. If the reorder point is 50 units, what safety stock are they
product. The z-value of 2.33 would be associated with what service level ?
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